Intel to buy Altera for 16.7 billion in cash
Intel Corp to acquire chip designer Altera for about 16.7 billion dollars to expand into new markets powering wireless, automotive, and data-center computing. The deal, Intel's largest ever, aims to boost core production, lower costs, and accelerate cloud and server chip capabilities amid slowing PC sales and rising mobile device demand.
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Airlines speed boarding with preloaded carry-ons this summer
Delta pilots Early Valet service to load carry-on bags into overhead bins at the gate on select flights through August, starting in June. The program targets high travel demand routes from busy hubs like Atlanta and New York to cut boarding time and reduce delays.
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Auto loans lengthen as 2015 first quarter set records
In Q1 2015 Experian Automotive reports longer loan terms for new and used cars reaching 67 and 62 months, with 73 to 84 month loans at a record 29.5 percent. Experts warn of debt rolling into new loans, while Ford recalls 1 million Mustang and GT cars for Takata air bag inflator failures.
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